Jash Engineering (NSE:JASH) ROE %: 42.85% (As of Mar. 2026) — 139% Above Median


NSE:JASH Jash Engineering Ltd NSE:JASH
94 GF Score
Price ₹550.30
GF Value ₹602.29
Valuation Fairly Valued
! 1 Warning Sign
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What is Jash Engineering ROE %?

Jash Engineering NSE:JASH +2.06% 94 ROE % is 42.85% as of Mar. 2026, which is 139% above its 10-year median of 17.92. GuruFocus rates NSE:JASH with a GF Score™ of 94/100 and a GF Value™ of ₹602.29 (Fairly Valued). The stock has 1 warning sign investors should review. Among 3,009 Industrial Products companies, Jash Engineering ranks better than 84.35% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Jash Engineering's annualized net income for the quarter that ended in Mar. 2026 was ₹2,224 Mil. Jash Engineering's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ₹5,191 Mil. Therefore, Jash Engineering's annualized ROE % for the quarter that ended in Mar. 2026 was 42.85%.

The historical rank and industry rank for Jash Engineering's ROE % or its related term are showing as below:

NSE:JASH' s ROE % Range Over the Past 10 Years
Min: 0.36   Med: 17.92   Max: 24.31
Current: 16.15

During the past 13 years, Jash Engineering's highest ROE % was 24.31%. The lowest was 0.36%. And the median was 17.92%.

NSE:JASH's ROE % is ranked better than
84.35% of 3009 companies
in the Industrial Products industry
Industry Median: 5.91 vs NSE:JASH: 16.15

Jash Engineering  (NSE:JASH) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=2224.104/5190.654
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(2224.104 / 11621.5)*(11621.5 / 8805.968)*(8805.968 / 5190.654)
=Net Margin %*Asset Turnover*Equity Multiplier
=19.14 %*1.3197*1.6965
=ROA %*Equity Multiplier
=25.26 %*1.6965
=42.85 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=2224.104/5190.654
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (2224.104 / 2773.496) * (2773.496 / 2546.904) * (2546.904 / 11621.5) * (11621.5 / 8805.968) * (8805.968 / 5190.654)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.8019 * 1.089 * 21.92 % * 1.3197 * 1.6965
=42.85 %

Note: The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Jash Engineering ROE % Related Terms


Jash Engineering ROE % Historical Data

* Premium members only.

The historical data trend for Jash Engineering's ROE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Jash Engineering ROE % Chart

Jash Engineering Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.76 24.31 22.64 22.36 16.00

Jash Engineering Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 33.38 -4.70 10.09 12.12 42.85

NSE:JASH vs GEV, ETN, PH: ROE % Comparison

For the Specialty Industrial Machinery subindustry, Jash Engineering's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Jash Engineering ROE % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Jash Engineering's ROE % distribution charts can be found below:

* The bar in red indicates where Jash Engineering's ROE % falls into.


NSE:JASH
94GF Score
Jash Engineering Ltd NSE:JASH
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Jash Engineering ROE % Calculation

Jash Engineering's annualized ROE % for the fiscal year that ended in Mar. 2026 is calculated as

ROE %=Net Income (A: Mar. 2026 )/( (Total Stockholders Equity (A: Mar. 2025 )+Total Stockholders Equity (A: Mar. 2026 ))/ count )
=761.817/( (4330.14+5190.654)/ 2 )
=761.817/4760.397
=16.00 %

Jash Engineering's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=2224.104/( (0+5190.654)/ 1 )
=2224.104/5190.654
=42.85 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2026) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 42.85% mean?
Jash Engineering (NSE:JASH) has a ROE % of 42.85% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Jash Engineering and its competitors. This is 139% above median its historical median of 17.92. Over the past decade, Jash Engineering's ROE % has ranged from 0.36 to 24.31. According to the industry distribution chart, Jash Engineering ranks #471 out of 3009 companies in the Industrial Products industry, placing it in the top 15.7%.
Is Jash Engineering's ROE % too high?
Jash Engineering's current ROE % of 42.85% is 139% above median its 10-year median of 17.92. Over the past 10 years, this metric has ranged from a low of 0.36 to a high of 24.31. The Industrial Products industry median ROE % is 5.91. Jash Engineering's value of 42.85% is 625% above this industry median. Based on the distribution chart, Jash Engineering ranks #471 out of 3009 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Jash Engineering has a GF Score™ of 94/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Jash Engineering's ROE % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Jash Engineering ranks #471 out of 3009 companies for ROE %. This places Jash Engineering in the top 16% of its industry — outperforming the majority of peers. The industry median ROE % is 5.91. Jash Engineering's value of 42.85% is 625% above this benchmark. Historically, Jash Engineering's own ROE % has ranged from 0.36 to 24.31 over the past decade. While the company's 10-year median is 17.92 vs. the industry median of 5.91, Jash Engineering has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for an Industrial Products company?
The median ROE % among Industrial Products companies is 5.91, based on 3,009 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Jash Engineering's current ROE % of 42.85% is 625% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Jash Engineering and its competitors. For the Industrial Products industry, the median ROE % is 5.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jash Engineering's current ROE % is 42.85%, which is 139% above median its own 10-year median of 17.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jash Engineering stock overvalued right now?
Based on GuruFocus' analysis, Jash Engineering (NSE:JASH) is currently considered Fairly Valued. The stock's GF Value™ is ₹602.29, compared to a current price of ₹550.30 — trading 8.6% below its estimated fair value. The current ROE % is 42.85%, which is 139% above median its 10-year median of 17.92 and 625% above the Industrial Products industry median of 5.91. Jash Engineering's overall GF Score™ is 94/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Jash Engineering (NSE:JASH), the current ROE % is 42.85% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Jash Engineering (NSE:JASH) Overvalued in 2026?

Based on GuruFocus' analysis, Jash Engineering stock appears to be undervalued. The current stock price of ₹550.30 is trading 8.6% below its estimated GF Value™ of ₹602.29. GuruFocus considers Jash Engineering to be Fairly Valued.

Key valuation signals for NSE:JASH:

  • ROE %: 42.85% (139% above median its 10-year median of 17.92)
  • GF Value™: ₹602.29 vs. price of ₹550.30 (8.6% below fair value)
  • GF Score™: 94/100 with 1 warning sign
  • Industry Position: 625% above the Industrial Products median (#471 of 3009)

No single metric tells the full story. See the NSE:JASH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Jash Engineering Business Description

Other Exchanges 544402:India
Address 31, Sector-C, Sanwer Road, Industrial Area, Indore, MP, IND, 452015
Jash Engineering Ltd is an Indian company engaged in the manufacturing and trading of varied engineering products for the general engineering industry, water and wastewater industry, power plants, and bulk solids handling industry. The products of the company include water control gates, mechanized screening systems, screening conveying and washing systems, knife gate valves, water hammer control valves, energy dissipating valves, Archimedes screw pumps, micro-hydro turbines, clarifiers, clarifloculators, flash mixers, and others. Geographically, the company generates maximum revenue from its business outside India through exports, and the rest from its customers within India.
94GF Score

Get the complete analysis for NSE:JASH

ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹550.30
Price
₹602.29
GF Value